Elgitha Drive, Rotherham, South Yorkshire, S66
BE

Elgitha Drive, Rotherham, South Yorkshire, S66

By Bespoke Lettings Ltd

£ 245,500

Reviews

3 out of 5 stars

Bespoke Lettings Ltd says ..

9.00% NET Yield - £22,120 NET Income Per Annum. Off-Plan HMO Investment Property. Fully Managed. Cash Purchase Only. HMO For Sale

Property Oracle says ..

This property is a five-bedroom semi-detached house located in Thurcroft, Rotherham. The listing highlights its suitability as an HMO investment or a family home. The provided photographs show a recently renovated or refurbished interior with modern finishes. The kitchen and bathrooms are presented in excellent condition and appear relatively new. The property has five bedrooms and what appears to be two bathrooms, although these details are not explicitly stated. The external space is limited based on the image showing a small paved area, not necessarily a garden.

The location benefits from close proximity to schools such as Thurcroft Primary School and The Willows School (Ofsted rated ‘Good’) and offers relatively convenient access to local shops and public transport, although the nearest train stations (Kiveton Bridge and Kiveton Park) are a few kilometers away.

The listed price of £245,500 is significantly higher than several other recently listed properties in the immediate area. Without knowing the property’s square footage, it is difficult to assess the price per square foot and make a definitive judgment on value for money. The description mentions a potential for a high net yield, suggesting that the price might be justified for investors targeting rental income, however, without specific details this can’t be confirmed. Overall, the property would appeal to investors or large families prioritizing a modern interior and convenient location to schools, however, potential buyers should carefully compare the price to other similar properties in the vicinity and thoroughly investigate the financial aspects of the investment before committing.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
3
Bedrooms
5
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
250,625.00 £
Decreased by 15.28 %
from 295,818.00 £
Average area rental value
800.00 £/mo
Decreased by 10.21 %
from 891.00 £/mo
Est rental Yield
3.83 %
Increased by 6.09 %
from 3.61 %
Crime Rate
70.00 %
Unchanged by 0.00 %
from 70.00 %

Agent Activity

  • Bespoke Lettings Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Thurcroft Children And Family CentreChildren's Centre Linked Site0.05 KM
Thurcroft Infant SchoolAcademy Converter0.14 KM
The Willows SchoolCommunity Special SchoolGood0.27 KM
Thurcroft Junior AcademyAcademy Sponsor LedGood0.54 KM
Wickersley School And Sports CollegeAcademy Converter3.53 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Locksley Drive £ 317,00000.00 KM
Abbotsford Drive £ 000.00 KM
Scott Close £ 000.00 KM
Sandy Lane £ 100,00000.00 KM
Acre Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kiveton Bridge6401KIV5.86 KM
Kiveton Park6565KVP6.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
St. Edmunds Avenue, Thurcroft, Rotherham £ 120,000BUY7 / 100.07 KM
Elgitha Drive, Rotherham, S66 £ 145,000BUY7 / 100.11 KM
St. Edmunds Avenue, Thurcroft, Rotherham, South Yorkshire, S66 £ 135,000BUYUnknown0.12 KM
Locksley Drive, Thurcroft, Rotherham, South Yorkshire, S66 £ 120,000BUYUnknown0.15 KM
Cedric Crescent, Thurcroft, Rotherham, South Yorkshire, S66 £ 55,000BUY5 / 100.17 KM

Nearby Properties

AddressPriceDistance
23 Acre Close £ 81,9500.00 KM
63 Locksley Drive £ 89,9500.05 KM
51 Locksley Drive £ 62,0000.05 KM
43 Locksley Drive £ 75,0000.05 KM
55 Locksley Drive £ 110,0000.05 KM